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Your Credit Score

I find the concept of the credit score to be very interesting. It's a single number which to a degree is an indicator of how good a credit risk you are to a lender. Yet, in some sense, it tells as little about an individual as a high school grade point average does. I graduated [...]

Credit Card Reform

President Obama signed the Credit Card Reform act (officially called the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009) last week and I'd like to offer my thoughts. First, let's review the rules that will be put into place under this legislation: Institutions would be prohibited from treating a payment as late unless [...]